Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in New Deal, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in New Deal, TX provides a financial boost to eligible homebuyers in New Deal, TX, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in New Deal, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in New Deal, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in New Deal, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in New Deal, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in New Deal, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in New Deal, TX.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in New Deal, TX. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in New Deal, TX and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
FHA Down Payment Assistance Home Loans offer lower down payment requirements, making homeownership more accessible to individuals with limited savings. These loans often have lower credit score requirements, allowing individuals with less than perfect credit to qualify for a mortgage and purchase a home. Furthermore, FHA loans provide competitive interest rates, reducing the overall cost of borrowing and making homeownership more affordable in New Deal, Texas. Demographics New Deal, Texas, has a population of approximately XXXX residents, with a median age of XX years. The community is known for its diverse population, including families, young professionals, and retirees. Housing Market The housing market in New Deal, Texas, is thriving, with a variety of properties available in different price ranges. The median home value is $XXXX, making it an attractive location for first-time homebuyers and investors alike. Main Attractions New Deal, Texas, boasts a range of attractions, including the XXXX Museum, XXXX Park, and the vibrant downtown area filled with local shops and restaurants. Residents also enjoy easy access to outdoor recreational activities, such as hiking and biking trails.
Benefits of FHA Down Payment Assistance Home Loan in New Deal, Texas
